| ||||
Updated RecentlyTim Hortons vs Blue Chip Cookies Drive Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tim Hortons vs Blue Chip Cookies Drive including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $135,300 - $2,068,500 | $11,000 - $15,000 |
| Franchise Fee | $35,000 | N/A |
| Royalty Fee | 4.5% | - |
| Advertising Fee | 4% of Gross Sales | - |
| Year Founded | 1964 | 1983 |
| Year Franchised | 1965 | 2006 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | *An entrepreneurial drive and ability to build a high performing team. *Prior management experience. Experience in food service and/or restaurant operations is a plus. *A lifestyle that allows for the time commitment required to launch and build a franchise restaurant. *Net worth of $500,000 and liquidity in the amount of $300,000 (The full investment from a Tim Hortons could be over $1,600,000) *A personal passion and commitment to the development of the Tim Hortons brand. *Ability to exemplify and execute the Tim Hortons principles and standards of operation on a daily basis. *Understand the importance of being a community partner that is proud to represent Tim Hortons. | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | New franchisees undergo an intensive seven week training program at the Tim Hortons University, located next to the Oakville, Ontario, head office. The facility includes classrooms and a fully operational Restaurant, providing trainees with intensive hands-on experience in the preparation of all Tim Hortons products. Strong emphasis is placed on food handling and hygiene procedures, Team Member relations, equipment maintenance and in-Restaurant security systems. * Seven (7) week training program in the Oakville, Ontario, at Tim Hortons University * A Restaurant opening crew/Manager of Operations Standards (MOS) to assist the opening of the Tim Hortons Restaurant (for a maximum period of two weeks) | - |
| Support | * The use of all Tim Hortons Manuals * Support from head office personnel who have vast knowledge in the food service business | - |
| Marketing | Ad slicks, Regional advertising | - |
| Operations |
58% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 - 30
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Tim Hortons
The total investment necessary to begin operation of a Co-Branded Restaurant franchise under a Franchise Agreement (excluding real property) ranges from $695,500 to $1,837,400 for a newly-built Co-Branded Restaurant and from $135,300 to $219,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant. This includes $466,000 to $686,500 for a newly-built Co-Branded Restaurant and $5,500 to $177,600 for a Tim Hortons restaurant that is renovated to become a Co-Branded Restaurant that must be paid to the franchisor or an affiliate.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
!["franchiserankingscom"]("https://d3t9r0kmeshe93.cloudfront.net/settings/71116cc7-281b-43ed-8275-5087635f96d8.png")
About Blue Chip Cookies Drive
Blue Chip Cookies Business Opportunity Gourmet Cookies and Cookie Products The primary purpose of the Blue Chip Cookies' Licensing and Distribution program is to provide motivated entrepreneurs the opportunity to market, sell and distribute a superb gourmet cookie product with national and international brand recognition since 1983. Consistent with our heritage of innovation, we have created a proprietary process for mixing, baking, and serving the "Best Cookie in the Country" in a retail store setting. We provide business coaching, consulting, time tested recipes, secret proprietary ingredient packet, branding and a chance to create a unique gourmet cookie experience in your marketplace (area of responsibility.) What makes our licensing program different is the ability to "plug" the Blue Chip Cookies' brand into an existing retail food establishment or a creating a new Blue Chip Cookies store that features our cookie as the centerpiece, while selling other sweets and treats. Why Blue Chip Cookies In Your Store? A history that started in 1983 on the San Francisco Wharf! Voted Best Cookies by customers, wherever there was or is a location! Incredible taste, sampling is the best marketing strategy. The creator of White Chocolate Macadamia Nut Cookie, in 1983. A name and logo recognized throughout USA, with a great history and a story. Made fresh in each store, from scratch, and served same day. Made with REAL Sweet Butter, No Trans Fats or preservatives. A consistently delicious gourmet cookie, due to the recipe development and the Blue Chip Basic Secret Ingredient. No one has duplicated it! Excellent presence on the internet and superb customer service reputation. Great support team with over 100 years of combined business, sales, and marketing success! A unique opportunity to start a business, or plug into your business, that is affordable vs. franchising. Proven product success in stores located: inside malls, stand alone, drive-thru, and outside mall. Initial Licensing and Training Fees: Between $11,000-$15,000 which covers start up kit, training, one time licensing fee. Initial Investment: Each company/organization determine the cost of build-out of a store or facility. As a licensor or only focus is the preparation and delivery of Blue Chip Cookies to the public with excellence. The Blue Chip Cookies Licensing program provides more freedom for creativity locally and a lower cost to entry for individuals wanting to open a bakery, coffee shop, cookie store, gourmet food truck and mall kiosk. Ongoing Fees/Costs: Licensees only pay for the Blue Chip Basic, which is the secret recipe. A minimum of 1 case per month must be purchased, on average in a calendar year to maintain license. Blue Chip Cookies logo items must be purchased through Licensor. Terms of Agreement: If licensee meets 12 cases per year, and represents the Brand with excellence, automatically renews every 5 years at no cost-based on licensing agreement specifics. Advertising Fee: $0 (each licensee advertises in their area.) Other Revenue Opportunities: Referral Fee from the Online Business. Founded: 1983-First store opened on Fisherman's Wharf in San Francisco.